Hey Everyone, as SVB banking crisis began FED had to get involved and market was too volatile since the morning and that is why some of the USD pairs had affected significantly, our last setup bounced and was +100 after the london session began price dropped significantly.
The daily chart of the currency pair is consolidating and rebounding near the previous low of 1.0535, but it is still below the downward trending MA20, so caution should be taken for further upside potential. The 4-hour chart shows that after two consecutive days of consolidation following a sharp decline, the momentum is limited. On the hourly chart, there is...
Currency Pair : USDJPY Possible direction : Bearish Technical Analysis : After a daily middle mand last day of trading week, today market open with strong week less candle and price has broken down with strong impulse from long consolidation. From Monthly perspective, there is rejection from monthly resistance level and highly likely price will test the monthly...
From the 137.911 level, the market made a successful retracement to the demand zone at 135.854 and couldn’t push up to the main supply 137.678 because of the previous broken structure. The rejection formed this current mid supply area and price made an impulsive drop that broke the structure and created divergence at the 134.109 low. The market is now trying to...
On March 3, Friday, the USDJPY slid from a two-and-a-half-month high. The US non-manufacturing ISM index, released on the same day, fell from 55.2 in January to 55.1. The US dollar index, which measures the dollar against six major currencies, dropped from a high of 105.36 at the beginning of the week to 104.60. Investors took the opportunity to profitably...
usd in Inverse Head and Shoulders.. see mirror.. see correction for entry
1. Bearish bat formation completion at daily resistance level. 2. Ascending channel completion at daily resistance level. 3. Equal measured move completion at daily resistance level. 4. Daily resistance level previously respected. 5. RSI (7) strongly overbought.
I caught a small sell earlier NewYork 3/7 and we had news … which kept pushing for the longer term buy . I see UJ continuing to climb and reach an/B status & turn around
this trade have is malty conformation. I hope you make profit
USDJPY long for daytrading with the double bottom strategy
USD Fundamental Outlook: Nonfarm Payrolls Focus, Surprising Data May Boost USD Summary: The recent weakness in the USD may be short-lived; Citigroup's Economic Surprise Index for the US suggests a tendency for economic data to surprise on the upside, which could boost the USD; this week's heavyweight risk event is focused on Friday's February nonfarm payrolls...
This pair respected all the significant areas we had previously. A nice impulsive move after the swift liquidity wipe out, but now the bears are losing momentum because the market is now characterised by reversal candlesticks. Waiting on price to tap into the demand zone to give us the bullish satisfaction signal…
USDJPY Fractal Trade Safe The Risk management is always the Key I will Update the Idea after 3 days From now stay tuned.. Good Luck!!
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
you can trad on this and pick your profit and help yourself and other people
Dear Traders, hope you are doing great so we have USDJPY which in previous setup it did not respect our entry as in setup but it is still within our zone which we think is an crucial area for price to reject from. Let's see how price behave next week!